2025 - Page 98 of 99 - Africa news break

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26 Jan

Housing crisis in 2024: US home sales decrease

Roger W. WatsonEconomy

En 2024, el mercado inmobiliario de Estados Unidos sufrió una notoria caída, con las ventas de viviendas existentes disminuyendo a niveles que no se veían desde 1995. La Asociación Nacional de Agentes Inmobiliarios informó que solo se vendieron 4.06 millones de casas durante el año, lo que representa una disminución del 0.7% respecto a 2023. Esta reducción resalta las dificultades que enfrentan tanto compradores como vendedores en la situación económica actual.In 2024, the United States housing market experienced a significant downturn, with existing-home sales plummeting to levels not seen since 1995. The National Association of Realtors reported that only 4.06…

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26 Jan

Underestimating economic data and its implications

Roger W. WatsonEconomy

In January 2025, the U.S. economy displayed a blend of resilience and new challenges appearing in different sectors.Tendencias de Actividad Empresarial y EmpleoBusiness Activity and Employment TrendsThe S&P Global Flash U.S. Composite PMI Output Index, which monitors the manufacturing and services sectors, declined to 52.4 in January from 55.4 in December, marking the lowest level since April. Despite this slowdown, the index remained above the 50 threshold, indicating continued expansion. The services sector primarily contributed to this deceleration, while manufacturing experienced growth for the first time in seven months, driven by expectations of looser regulations and lower taxes under the…

Empatia cigars the world's finest cigars

16 Jan

Craftsmanship and Tradition: The Story of Empatia Cigars

Roger W. WatsonEconomy

The world of luxury cigars is one where history, tradition, and craftsmanship converge to create products of exquisite quality and timeless appeal. At the pinnacle of this niche industry stands Empatia Cigars, a name synonymous with excellence and revered by connoisseurs around the globe. Through unparalleled commitment to quality and an unwavering focus on perfection, Empatia Cigars has positioned itself as the producer of the world's finest cigars for the ultimate smoking experience.The origins of Empatia Cigars are deeply rooted in the tradition-rich tobacco plantations of Central and South America. These regions are famed for their unique combination of soil,…

15 Jan

Improving medical supply logistics in the last mile of Texas

Roger W. WatsonHealth

The healthcare sector faces unique logistical challenges, where efficiency and precision are not just operational requirements, but life-saving factors. The last mile in this area is critically important, as any delay or failure in the delivery of medicines, medical equipment or laboratory samples can have irreversible consequences.Technology and strategic planning become fundamental allies in guaranteeing that medical supplies reach their destination in a timely manner and in optimal conditions. Below, discover the key aspects of the last mile in healthcare.Why is the last mile crucial in the healthcare sector?To begin with, it's essential to clarify what the last mile in…

07 Jan

Smart investing insights: Mijael Attias on private equity myths

Roger W. WatsonSocial Responsibility

The realm of investments is expansive, presenting a multitude of choices, each with its unique possibilities for rewards and risks. Ranging from conventional stocks and bonds to alternative assets, investors continuously look for ways to enhance their financial portfolio. Private equity, though frequently viewed as a sophisticated and exclusive asset category, has garnered considerable momentum as an attractive option for investments.Private equity transcends being merely a financial deal; it represents a strategic alliance between investors and enterprises. Nonetheless, misunderstandings frequently obscure its genuine nature and effects. When a private equity firm focuses on more than financial gains, it can become…

05 Jan

European markets slide in the last full trading session of the year

Roger W. WatsonEconomy

European stock markets traded lower on Monday in the last full trading session of 2024, as investors braced for a quiet end to the year. The pan-European Stoxx 600 index fell 0.5% in early afternoon trading in London, with most sectors posting losses. Technology, industrial and media stocks led the declines, while oil and gas stocks managed to post gains. Trading volumes remained light as markets across the region prepared to close early or remain closed until January 2 for the New Year holidays. Despite Monday's modest performance, European stocks are on track to end the year with moderate gains.…

04 Jan

Notre Dame is from Indiana and advances to the Sugar Bowl against Georgia

Roger W. WatsonEconomy

No. 7-ranked Notre Dame earned a decisive 27-17 victory over No. 10 Indiana in the opening game of the expanded 12-team College Football Playoff on Friday night in South Bend, Indiana. The Fighting Irish now turn their attention to their highly anticipated matchup against top-seeded Georgia in the Sugar Bowl on Jan. 1. This win marked a significant moment for Notre Dame, as they demonstrated their defensive supremacy and postseason readiness in front of their home crowd. . The game started with a bang as Notre Dame's Jeremiyah Love stunned fans with a breathtaking 98-yard touchdown run. This first play…

04 Jan

America's oldest racetrack closes as horse racing sees a modern resurgence

Roger W. WatsonEconomy

After more than 170 years of operation, Freehold Raceway, America's oldest racetrack, has held its last race. The New Jersey track, owned by Penn Entertainment, officially closed its doors on the last weekend of 2024, ending an era marked by declining attendance, shrinking revenues and failed attempts to obtain a license to the casino. “Unfortunately, track operations cannot continue under current conditions, and we see no plausible way forward,” Howard Bruno, the track's general manager, said in a statement announcing the closure. While Freehold's closure reflects the challenges facing horse racing in the United States, industry insiders remain optimistic about…

04 Jan

Border detentions in December remain stable, reaching the lowest levels since 2020

Roger W. WatsonInternational

Border detentions for unauthorized crossings from Mexico into the United States in December showed little change from the previous month, maintaining the lowest levels since July 2020. A senior U.S. Customs and Border Protection (CBP) official, speaking on condition of anonymity, revealed Monday that December detentions are expected to finish near November's total of 46,612. The official added that preliminary data suggests around 44,000 arrests earlier this month. December marks the sixth consecutive month that detentions at the southern border were lower than the monthly averages seen in 2019, signaling a continued decline in unauthorized crossings. The official also noted…

04 Jan

Ukraine blocks the transit of Russian gas to Europe, ending decades of energy dominance

Roger W. WatsonEconomy

On New Year's Day, Ukraine officially cut off the flow of Russian natural gas to several European countries, marking the end of Moscow's long-standing dominance of European energy markets. The move, which had been widely anticipated, comes as the five-year transit agreement between Russia and Ukraine expired without renewal amid the ongoing war between the two nations. At around 8am local time on Wednesday, Russian state energy giant Gazprom confirmed that gas exports to Europe via Ukrainian pipelines had stopped. This development, which follows more than three decades of transit of Russian gas through Ukraine, highlights changing energy dynamics in…